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Published:April 19th, 2007 05:37 EST
Halliburton Now in Monterrey, Mexico to Manufacture Oilfield Equipment

Halliburton Now in Monterrey, Mexico to Manufacture Oilfield Equipment

By SOP newswire

HOUSTON, Texas " Halliburton`s (NYSE: HAL) Energy Services Group (ESG) is opening a new manufacturing center in Monterrey, Mexico, to meet its customers` increasing demands for energy services products. The grand opening of the facility is expected to take place in May 2007. When operations at the center reach full capacity, the 9,290-square-meter facility will initially create 50 new direct jobs and additional associated supplier jobs.

Halliburton chose the state of Nuevo Leon for its economic leadership, " said Tony Wham, vice president of Manufacturing, Halliburton. We have been operating in Mexico for more than 60 years, and Monterrey is a leading industrial area with an experienced workforce, excellent infrastructure and mature supply base. Expanding our operations here demonstrates our desire to continue our longstanding relationship with Mexico. "

The facility will manufacture oilfield equipment for upstream energy customers. It is estimated that more than 300,000 annual productive hours will be provided by Mexican suppliers.

Founded in 1919, Halliburton is one of the world`s largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and KBR. Visit the company`s World Wide Web site at www.halliburton.com.

Source: Halliburton